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-level executive to leave a technology giant in as many weeks. the head of apple's iphone software unit left in a management shake-up late last month. >> susie: want more evidence that a housing recovery is under way? look no further than home depot's latest earnings report. the home improvement chain released positive third quarter earnings, but it's the company's outlook for the future that is getting the most attention. erika miller reports. ( hammering ) >> reporter: you could say home depot "nailed it," reporting better than expected third quarter earnings. profits rose 23% from a year ago to 74 cents a share. revenues were up nearly 5%. and, remember, the latest results don't even include the sales lift from superstorm sandy. home depot also raised its profit outlook for the year. if housing continues to improve, experts say it's a bullish sign for the rest of the economy. >> now, as we start to see residential investment recovery, that should help other sectors of the economy through demand for building materials, through more demand for other products-- furniture, you name it! >> rep
of the bradlees, gimbals, dayton hudson, with a consolidation through technology, the retailer wasn't bring us that product. it was just a distribution mechanism that somebody could do cheaper. >> susie: jeff i'm going to have to leave it there with you. i'm sure americans everywhere are hoping twinkies will be one of the success stories you just talked about. jeffrey sonnenfeld of yale university. >> tom: two people are missing and about a dozen are injured after an explosion today on a black elk energy oil and gas platform, according to the u.s. coast guard. a fire started when sparks from a torch hit a storage tank on the platform. the platform is located in shallow water about 25 miles off the coast of grand isle louisiana. the houston-based company says about 16 barrels of oil leaked and that it was not producing oil or gas when the fire started. last month black elk announce plans to start drilling about 20 new wells in the gulf of mexico. >> susie: j.p. morgan and credit suisse will pay more than $400 million combined to settle claims stemming from mortgage bonds gone bad. the securitie
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